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Empirical evidence for a money demand function : a panel data analysis of 27 countries in 1988 - 98

García-Hiernaux, Alfredo; Cerno, Leonel - In: Applied econometrics and international development 6 (2006) 1, pp. 51-58

Persistent link: https://www.econbiz.de/10003926269

West versus Far East : early globalization and the great divergence

Dobado, Rafael; García-Hiernaux, Alfredo; Guerroro, … - In: Cliometrica : journal of historical economics and … 9 (2015) 2, pp. 235-264

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Del "Real de a ocho" a los muchos pesos : plata, precios y tipos de interés en Hispanoamérica y el resto del mundo, 1750-1850

Calderón Fernández, Andrés; Dobado, Rafael; … - 2019

Persistent link: https://www.econbiz.de/10012155222

Empirical Evidence for a Money Demand Function : A Panel Data Analysis of 27 Countries in 1988-98

García-Hiernaux, Alfredo - 2008

The purpose of this paper is to estimate the money demand function of Cagan (1956) using a panel data set covering 27 countries with different economic levels over the period 1988-98. The static fixed effects and the dynamic fixed effects reveal that a money demand equation exists. However, in...

Persistent link: https://www.econbiz.de/10012770630